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Inflation Surges to 3.8% as Fed Eyes First Rate Hike Since 2023
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Inflation Surges to 3.8% as Fed Eyes First Rate Hike Since 2023

Inflation climbed to 3.8% in April, reigniting fears and prompting the Federal Reserve to consider its first rate hike since 2023. Energy shocks from the Iran conflict drive the surge while high stock valuations leave markets exposed.…

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Americans Drain Savings Cushion as Stubborn Inflation Eats Paychecks
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Americans Drain Savings Cushion as Stubborn Inflation Eats Paychecks

U.S. personal savings rate plunged to 2.6% in April 2026, its lowest in nearly four years, as 3.8% inflation outpaced wage growth. Households draw down reserves to sustain spending on essentials, complicating Fed policy and raising risks of further…

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Fed Officials Shift From Rate Cuts to Hike Warnings as Iran Conflict Fuels Sticky Inflation
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Fed Officials Shift From Rate Cuts to Hike Warnings as Iran Conflict Fuels Sticky Inflation

Fed officials now signal openness to rate hikes if Iran war-driven energy shocks keep inflation persistently above 2%. April minutes and recent speeches from Bowman, Kashkari and Paulson mark a clear shift from earlier cut expectations.…

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America In Focus: Inflation gauge hits multiyear high as American consumer confidence slides
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America In Focus: Inflation gauge hits multiyear high as American consumer confidence slides

The Seattle Times The Seattle Times·MICHELLE CHAPMAN·4 months ago
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A key inflation gauge accelerated in April to the highest level in three years, squeezing Americans’ finances and creating political challenges for President Trump and congressional Republicans with midterm elections just five months away.

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UPSC Key: NFHS-6 shows rise in obesity, SC sets deadline for HCs, and Quad Foreign Ministers meeting
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UPSC Key: NFHS-6 shows rise in obesity, SC sets deadline for HCs, and Quad Foreign Ministers meeting

The Indian Express·Khushboo Kumari·4 months ago
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#indianexpress#india#cent#upsc#quad#inflation

How is the SC directing all High Courts to pronounce judgment within 3 months of reserving order important for your UPSC exam? What significance do topics such as monsoon, inflation rate, and NFHS-6 data have for both the Preliminary and Main exams?…

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Inflation is spreading through the U.S. economy beyond the pump
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Inflation is spreading through the U.S. economy beyond the pump

Americans don’t need a press release to know that inflation is rising. Gasoline is above $4 per gallon amid the ongoing conflict in the Middle East and closure of the Strait of Hormuz, and the release of key price data on May 28 underscores why…

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New Zealand Central Bank Signals Faster, Larger Rate Hikes as Middle East Conflict Reshapes Inflation Outlook
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New Zealand Central Bank Signals Faster, Larger Rate Hikes as Middle East Conflict Reshapes Inflation Outlook

New Zealand's RBNZ held its OCR at 2.25% in a 3-3 split resolved by Governor Anna Breman's casting vote. Yet the bank warned rates must rise sooner and by more than previously forecast to counter inflation pushed higher by Middle East conflict and energy…

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Most Fed officials see rate hikes if inflation stays high, minutes show
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Most Fed officials see rate hikes if inflation stays high, minutes show

#axios#strong#inflation#target#article#video

A "majority" of Federal Reserve officials believed the central bank could raise interest rates if inflation stays high, according to the minutes from the central bank's April 28-29 policy meeting.…

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Trump to Fed chair Warsh: "Don't look at me, don't look at anybody"
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Trump to Fed chair Warsh: "Don't look at me, don't look at anybody"

Axios·Neil Irwin·4 months ago
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#axios#inflation#strong#waller#warsh#rate

The Warsh era begins with soaring inflation, a Middle East energy shock bleeding into other parts of the economy and colleagues skeptical that rate cuts should come anytime soon.…

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The bond market is telling us the free lunch is over
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The bond market is telling us the free lunch is over

Axios·Neil Irwin·4 months ago
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#axios#strong#higher#bond#inflation#article

For most of this century, rich countries have enjoyed a seemingly free lunch: They could spend money as needed, cut taxes at will and stimulate their way out of problems without paying a price in the form of higher borrowing costs or inflation.…

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Graphs, Data, Perspectives | Inflation vs affordability: Why the two are not the same
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Graphs, Data, Perspectives | Inflation vs affordability: Why the two are not the same

The Indian Express·Udit Misra·4 months ago
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While policymakers focus on containing the inflation rate, consumers care more about whether their incomes grow faster than the rise in prices. This has not happened in recent years, affecting affordability.

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Watch live: Jamie Dimon speaks at Reagan economic forum
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Watch live: Jamie Dimon speaks at Reagan economic forum

The Hill News·4 months ago
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Jamie Dimon, chairman and CEO of JPMorganChase, will speak at the Reagan National Economic Forum on Friday as the U.S. faces rising inflation amid the war in Iran.…

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